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According to on-chain analyst Ai Yi (@ai_9684xtpa), hackers have dumped all 7.77 trillion PEPE tokens from Binance’s hot wallet into 14,049 ETH, driving the token’s price down 12.33% and totaling over $31.9 million, with an average sell price of approximately $0.0000041. As of now, the unrealized profit on the 11.8 trillion PEPE tokens Justin Sun has transferred out since October 17 has shrunk to $4.45 million.

An address linked to the Binance hot wallet breach deposited around 60 million USDT on Aave and borrowed 19,762 ETH (valued at approximately $44.7 million). Etherscan data shows the address has been tagged "Binance Hot Wallet Exploiter 3": it authorized and deposited USDT to Aave V3 starting at 04:57 Beijing Time on October 30, then borrowed roughly 19,762 ETH in two separate transactions, and has transferred a total of 23,314.5 ETH to another address associated with the hack.

According to on-chain data, Binance 14—one of the hot wallets compromised in the Binance hack—revoked its EIP-7702 authorization at 8:10 AM Beijing time today. The incident involves the EIP-7702 authorization mechanism. Once such an authorization is signed, the wallet is taken over by a specific program until the authorization is revoked. The attack exploited this feature: threat actors tricked Binance’s hot wallet into signing an EIP-7702 authorization, delegating wallet control to a malicious "sweeper" contract pre-deployed by the attackers. Once the authorization takes effect, the malicious contract gains permission to operate the wallet, automatically transferring assets in bulk without requiring any additional signatures from the wallet owner.

According to on-chain detective ZachXBT's monitoring, the Arbitrum Security Council has executed a transaction to freeze approximately $30.5 million in funds linked to the Binance exploit.

According to HTX market data, SOL fell below $95, with its 24-hour decline widening to 8.1%.

According to HTX market data, Bitcoin has fallen below $77,000, recording a 5.1% decline in the past 24 hours.